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To: SliderOnTheBlack who wrote (31704)	11/11/1998 1:30:00 PM
From: Harold S.	Respond to of 95453

I say buy the dips and wait for the military assault...then sell on the pop!!!

To: SliderOnTheBlack who wrote (31704)	11/11/1998 1:31:00 PM
From: Ditchdigger	Read Replies (1) \| Respond to of 95453

Slider,I just don't know..may stay in cash right through the Fed meeting.IF it wasn't for IBM and HWP, the Dow would be down about 50-75 pts....DD

To: SliderOnTheBlack who wrote (31704)	11/16/1998 4:06:00 PM
From: SliderOnTheBlack	Read Replies (5) \| Respond to of 95453

Very predictable & expected = buying opp imho today. Shorts are back; and expectedly... We had a great selling opp into thurs-fri as shorts would cover going into a weekend with a possible Iraq conflict) and today we have a buying opp as the shorts are back in light of no conflict. The buying opp is not accross the board; but the 10%+ losers like VRC or KEG on it's multiple day selloff imho. Japan announces a $195 Billion Stimulus package; HELLO ! Good-Bye Asian demand problemo ! Fed has to cut; if not tomorrow (which I am 95% sure they will) then in Dec; as - ''it's the spreads'' stupid.... A historic Worldwide cooperative management of the World's Economy is unfolding before our eyes. This is of historic Economic significance. To ignore it and not to play a commodity sector at a 10 year low; in the face of these Fed Cuts and Japans unprecedented Stimulus package is insane imho, literally throwing away free money. sorry artic; no offense, but not only are we not going to new lows; the stage is being set for a midterm scenario to go to new highs in 18+ months ! If OPEC hangs in there; or if they announce (or don't announce - remember the Saudi threat to the traders) more cuts; we will once again see a move up to, or even slightly above our recent highs here imho. With Japans massive stimulus package we WILL have heightend positive Asian demand expectations, which will drive crude higher. It will happen soon. Throw in a La Nina Winter that is all ready showing its presence... and we have a great trading range again here as we move upward in a jagged stair step fashion. This volatility is virtually like taking candy from a baby for the street; take what they are giving us - trade 'em ! Crude fundamentals are strengthening - count on it ! Beat the crowd to the party; as cheap oilpatch stocks and strong fundamentals do NOT happen simultaneously... Buy into the face of the worlds biggest stimulus package in history ! - nothing more needs to be said. This is historic and unprecedented. Rewards will not be overnight; but we have just seen twice; how fast 30-40-50% gains fly by; it's coming again ! - I can ''hear'' the footsteps... ...there; now bring on the critics . PS should I cover those ''Tower Company'' Calls now ?